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Die Klimaschutzdiskussion wird von der Frage dominiert, welche gesamtwirtschaftlichen Kosten mit der Umgestaltung des Energiesystems zu klimaverträglichen Strukturen verbunden sind. Höhe und Verteilung dieser Kosten entscheiden darüber, ob sich umweltpolitische Strategien zum nachhaltigen...
Persistent link: https://www.econbiz.de/10013428246
The objective of this paper is to quantify the economic effects of the introduction of a system of tradable permits in the European Union (EU). For this purpose we use linked applied general equilibrium models (AGE) for eleven EU member countries. This method enables us to measure the change in...
Persistent link: https://www.econbiz.de/10011620808
Persistent link: https://www.econbiz.de/10013428017
approaches have their merits and limits concerning a theory and policy of ecoinnovation. Neoclassical methods are most elaborated … question is if innovations toward sustainability can be treated like normal innovations or if a specific theory and policy are … social and institutional innovation in both eco-innovation theory and policy. …
Persistent link: https://www.econbiz.de/10013428160
We assess the transmission of monetary policy shocks on oil prices using a VAR model. We identify monetary policy and financial activity shocks disentangled from demand and oil supply shocks using sign restrictions. We obtain the following main findings. (i) Monetary policy and financial...
Persistent link: https://www.econbiz.de/10009682077
We study the preferential treatment of green bonds in the central bank collateral framework as an environmental policy instrument within a DSGE model with environmental and financial frictions. In the model, green and carbon-emitting conventional firms issue defaultable corporate bonds to banks...
Persistent link: https://www.econbiz.de/10013472788
The present study investigates how the framing of information on the environmental impact of vehicles affects consumers' preferences for identical improvements in car quality. In online choice experiments, the effects of two metrics (fuel consumption vs. CO2 emissions) and three scales of one...
Persistent link: https://www.econbiz.de/10012033491
Besley and Persson (2023) pioneer a political economy model of a green transition with changing preferences. Here we solve for the optimal policy intervention and find that the optimal tax on the polluting good starts high and is subsequently declining, to support the transition in preferences....
Persistent link: https://www.econbiz.de/10015053489
This paper studies the causal effect of providing information about climate changeon individuals’ willingness to pay to offset carbon emissions in a randomizedcontrol trial. Receiving truthful information about ways to reduce CO2 emis-sions increases individuals’ willingness to pay for CO2...
Persistent link: https://www.econbiz.de/10012821798
Open access (OA) publishing upends the traditional business model in scientific publishing by requiring authors instead of readers to pay for the publishing-related costs. In this paper, we aim to elicit the willingness to pay (WTP) of authors for open access publishing. We conduct two separate...
Persistent link: https://www.econbiz.de/10012500292